Sold STC
An excellent opportunity to purchase the freehold interest of this commercial property with the benefit of planning consent in central Didcot.
The property comprises two self-contained ground floor retail units with planning permission granted for the redevelopment of the rear and upper parts to create six apartments.
180 Broadway is currently vacant, offering flexibility for owner-occupation, re-letting, or immediate redevelopment.
180A Broadway is let to a local hair salon and produces £10,200 pa.
Located within the heart of Didcot, a rapidly expanding Oxfordshire town benefitting from excellent rail and road connectivity.
The property is not elected for VAT.
The property comprises a two-storey mixed-use building with two self-contained ground floor commercial units and planning consent for the conversion of the rear and upper floors into six apartments.
Location:
The property is situated in a prominent position on Broadway, Didcot’s main commercial thoroughfare, surrounded by a mix of national and independent retailers, cafés, and service providers. Didcot has experienced significant growth in recent years, with ongoing residential and commercial development supported by excellent infrastructure.
The Didcot Parkway railway station is less than a mile away, offering regular direct services to London Paddington (approx. 40 minutes), Oxford, and Reading. The nearby A34 provides rapid access to the M4 (J13) and M40 (J9) motorways, linking to Oxford, Newbury, and London Heathrow Airport.
Planning:
The property benefits from planning permission Planning Application P25/S1171/FUL for the conversion of the part ground and 1st floor of 180 together with a new 2nd floor to create six self-contained apartments (3 x Studios & 3 x 1 Beds) together with associated bin and cycle storage. Copies of the plans are available on request.
Tenancies:
180 Broadway: A vacant commercial unit over ground and 1st floors, with rear access and measuring 2,113 sqft. The unit is suitable in its entirety for a range of occupiers in Class E.
180A Broadway: Measuring 394 sqft and let to an established ladies hair salon for 5 years from 9th May 2024 paying £10,200 pa, rising to £12,000 in May 2027.